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Hong Kong Commits $383M to 73 University Tech Spin-Off Projects

2026-06-03 03:43:07

According to South China Morning Post, Hong Kong committed HK$3 billion (US$382.8 million) to 73 technology commercialization projects under the RAISe+ scheme, announced at Hong Kong University of Science and Technology's Unicorn Day event.

HKUST secured funding for 19 projects, the highest among local institutions. Each university team can receive up to HK$100 million to develop research outcomes over five years.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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